New Zealand: Unvulcanized Rubber Market 2022

Unvulcanized Rubber Market Size in New Zealand

The New Zealand unvulcanized rubber market surged to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Unvulcanized Rubber Exports

Exports from New Zealand

In 2021, overseas shipments of unvulcanized rubber and articles thereof decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a mild decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, unvulcanized rubber exports shrank dramatically to $X in 2021. Overall, exports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for unvulcanized rubber exports from New Zealand, with a X% share of total exports. Moreover, unvulcanized rubber exports to Australia exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was occupied by Fiji (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Fiji (-X% per year).

In value terms, Australia ($X) remains the key foreign market for unvulcanized rubber exports from New Zealand, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by French Polynesia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and French Polynesia (-X% per year).

Export Prices by Country

In 2021, the average unvulcanized rubber export price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price, however, showed a notable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Unvulcanized Rubber Imports

Imports into New Zealand

In 2021, approx. X tons of unvulcanized rubber and articles thereof were imported into New Zealand; picking up by X% on the year before. Overall, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, unvulcanized rubber imports rose remarkably to $X in 2021. Over the period under review, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of unvulcanized rubber imports to New Zealand, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unvulcanized rubber suppliers to New Zealand were China ($X), the United States ($X) and Germany ($X), together comprising X% of total imports.

China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average unvulcanized rubber import price amounted to $X per ton, waning by -X% against the previous year. Overall, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform